Tencent Eyes Becoming Manus' Largest Shareholder

量子位 · wechat · 2026-07-11

The Financial Times reports that Tencent is in talks to become the largest shareholder of Manus, with one goal being to cancel previous acquisition arrangements. The report notes that the buyout/transaction price is still based on the initial $2 billion valuation, primarily involving Manus' existing shareholders. If the deal closes, Tencent will still participate as a minority shareholder, and Manus will continue to operate independently.

The article also updates on Manus' current status: its official website, App, desktop, mobile, and cloud products remain operational and are being updated. Its ARR was reportedly leaked to have grown from $100 million in December 2025 to $400 million - $500 million by June 2026. The author believes that what Tencent truly values may not be a single technical feature, but Manus' successful experience in Agent product operations.

Related event: Tencent Said to Seek Largest Stake in Manus(3 posts)→

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